XRP ETFs see $2.25 million net inflow following previous decline

XRP spot ETFs in the United States have seen a recent shift in capital flow. Following a week where net inflows plummeted by 93 percent, the funds recorded a modest net inflow of $2.25 million (approximately €1.95 million) this week.

Data indicates that the entirety of this week's inflow occurred on August 13, driven solely by the Bitwise XRP fund. Bitwise's cumulative inflow since its inception has reached $512 million. Currently, the total assets under management for all XRP ETFs stand at approximately $933.01 million, representing about 1.49 percent of the total XRP market capitalization.

Despite the decline in ETF inflows, market activity remains complex. While spot ETF interest slowed, open interest for XRP futures on Binance reached a 30-day high of 435.1 million tokens. Additionally, large-scale transfers were noted, including a movement of 50 million XRP from Ripple to an unknown wallet, with portions subsequently flowing to Binance.